LAND APPRAISAL REPORT - Habitat for Humanity of Suffolk

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TEXT ADDENDUM File No. 00009858 Borrower: N/A Property Address: SAVOY AVENUE/LOT #72 County: SUFFOLK City: BAY SHORE State: NEW YORK Zip Code: 11706 Lender: HABITAT FOR HUMANITY ELECTRONIC SIGNATURES MAY BE UTILIZED IN THIS REPORT. USPAP AND THE APPRAISAL STANDARDS BOARD STATE THAT ELECTRONICALLY AFFIXING A SIGNATURE TO A REPORT CARRIES THE SAME LEVEL OF AUTHENTICITY AND RESPONSIBILITY AS AN INK SIGNATURE ON A PAPER COPY REPORT. (THE TERM WRITTEN RECORDS INCLUDES INFORMATION STORED ON ELECTRONIC, MAGNETIC OR OTHER MEDIA). ALL ELECTRONIC SIGNATURES IN THIS REPORT HAVE A SECURITY FEATURE MAINTAINED BY THE INDIVIDUAL APPRAISER AND THE SUPERVISORY APPRAISER. IF DIGITAL PHOTOGRAPHS ARE INCLUDED IN THIS REPORT, THEY ARE THE ORIGINAL PHOTOGRAPHS AND HAVE NOT BEEN ALTERED IN ANY WAY. THEY ARE NOT COPIES OF 35MM PHOTOS. FANNIE MAE AND FREDDIE STATE THAT DIGITAL IMAGING IS ACCEPTABLE AND THAT ALL PHOTOGRAPHS MUST BE ORIGINALS THAT ARE REPRODUCED EITHER BY PHOTOGRAPHY OR ELECTRONIC IMAGING. FURTHERMORE, APPRAISER CERTIFIES THAT THIS REPORT IS A TRUE COPY OF THE ORIGINAL REPORT. Comments on Sales Comparison THE COMPARABLE SALES SELECTED FOR THIS REPORT ARE CONSIDERED TO BE THE BEST, MOST RECENT SALES AVAILABLE AT THE TIME OF THIS INSPECTION WHICH COULD BE VERIFIED. LOT SIZE DIFFERENCES WERE ADJUSTED AT $2.00 PER SQUARE FOOT. COMPARABLE SALES #1-#3 EXCEED FNMA TITLE DATE GUIDELINES AND WERE UTILIZED DUE TO THE LACK OF MORE RECENT VERIFIABLE COMPARABLE SALES IN THE AREA. COMPARABLES #2 AND #3 HAVE BEEN IMPROVED WITH RESIDENTIAL DWELLING SINCE THE TIME OF SALE. TIME ADJUSTMENTS WERE MADE AT 12% UNTIL THE DATE OF 03/01/2006 WHEN VALUES APPEAR TO HAVE STABILIZED.
COMPARABLES PHOTOGRAPH ADDENDUM 00009858 Borrower N/A Property Address SAVOY AVENUE/LOT #72 City BAY SHORE County SUFFOLK State NEW YO Zip Code 11706 Lender HABITAT FOR HUMANITY COMPARABLE SALE # 1 PRINCESS AVENUE/LOT#14.002 BRENTWOOD Date of Sale : 05/11/2005 Sale Price : 140,000 Sq. Ft. : $ / Sq. Ft. : COMPARABLE SALE # 2 HYDE PARK AVENUE/LOT#44 BAY SHORE Date of Sale : 07/01/2004 Sale Price : 120,000 Sq. Ft. : $ / Sq. Ft. : COMPARABLE SALE # 3 HYDE PARK AVENUE/LOT#34 BAY SHORE Date of Sale : 08/10/2004 Sale Price : 110,000 Sq. Ft. : $ / Sq. Ft. : MOHRING APPRAISAL ASSOCIATES, INC.
Page 1 and 2: SUBJECT NEIGHBORHOOD SITE LAND APPR
Page 3 and 4: MOHRING APPRAISAL ASSOCIATES, INC.
Page 5 and 6: APPRAISER CERTIFICATION File #: 000
Page 7: SUBJECT PHOTOGRAPH ADDENDUM 0000985
Page 11 and 12: LOCATION MAP ADDENDUM 00009858 Borr

LAND APPRAISAL REPORT - Habitat for Humanity of Suffolk

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